Examine the major challenges hindering the Indian textile industry from achieving its full potential in the global value chain.
Main Body
Indian textile industry is about one of $145 billion industry (FY24-25), largest job creator labor intensive and self-reliant industry but already almost ₹114 potential of industry has not been achieved. Challenges hindering Indian textile industry (1) Raw material deficiency: low and volatile productivity of cotton/silk/jute and below global avg productivity. (2) Obsolete technology: old industrial establishment and lack of adaptive & high technology Bx sorl looms - powerlooms/auxiliary
Focus on scale, scalability, stall and sustainability of textile make 2jt (created as Indian ceating it textile) Question 5
Vipulbhai Karmanbhai Chaudhary
Agriculture and Food Security
Food processing
Textile Industry challenges, Manufacturing sector
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Paragraphs
analytical and structured
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